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    Principles of Financial Accounting Study Set 1
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    Exam 11: Accounting Principles
  5. Question
    If Goods Are Shipped FOB Shipping Point Then the Selling
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If Goods Are Shipped FOB Shipping Point Then the Selling

Question 110

Question 110

True/False

If goods are shipped FOB shipping point then the selling company cannot recognize the revenue until the goods are received at their destination.

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